Concept of the Corporation.

DRUCKER, Peter F.

Item Number: 4503

New York: John Day Company, 1946.

First edition of this business cornerstone. Octavo, original cloth. Signed by Peter Drucker on the front free endpaper. An excellent near fine copy in a very good dust jacket with some wear and tear. Rare, especially signed.

Concept of the Corporation was the first study ever of the constitution, structure, and internal dynamics of a major business enterprise. Basing his work on a two-year analysis of the company done during the closing years of World War II, Drucker looks at the General Motors managerial organization from within. He tries to understand what makes the company work so effectively, what its core principles are, and how they contribute to its successes. The themes this volume addresses go far beyond the business corporation, into a consideration of the dynamics of the so-called corporate state itself. When it initially appeared, General Motors managers rejected it as unfairly critical and antibusiness. Yet, the GM concept of the corporation and its principles of organization later became models for organizations worldwide. Not only businesses, but also government agencies, research laboratories, hospitals, and universities have found in Concept of the Corporation a basis for effective organization and management.